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Nvidia Corp | NVDA

Daily Technical Analysis of Nvidia Corp

Investors didn't show much interest in one Nvidia way or another today. It hasn't moved too much today but is slightly down, it lost -0.76% since yesterday.

Currently NVDA isn't at a clear support/resistance line that seems tradable. Nvidia has been drifting up over the last few months, we'll see if it has the energy to keep moving in the right direction. NVDA might find some support at the 118.11 level, buyers might push the price back up from here. But it's not very clear what will happen.


Last analyzed on 2024-11-13

Analyst Ratings for Nvidia By Price Target And Rating

The analysts feel fairly neutral on the prospects for Nvidia but a little more positive than negative. The current Analysts Sentiment Score is 47.10. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. TD Cowen gave a boost to their price target and moved to $900.00 from $700.00 on 2024-02-22. On 2024-02-22 UBS Group lowered their price target by -5.88% to $800.00. Truist Financial decided to move up their price target on 2024-02-22 to $911.00 which is a 31.84% increase. Benchmark provided a price target boost of 60% to $1000.00 from $625.00 on 2024-02-22. Wolfe Research gave a boost to their price target and moved to $900.00 from $630.00 on 2024-02-22. On 2024-02-22 Citigroup increased their price target by 42.61% to $820.00. Mizuho gave a boost to their price target and moved to $850.00 from $825.00 on 2024-02-22. Bank of America gave a boost to their price target and moved to $925.00 from $800.00 on 2024-02-22. Sanford C. Bernstein boosted their price targ by 42.86% to $1000.00 on 2024-02-22. On 2024-02-22 Stifel Nicolaus increased their price target by 5.2% to $910.00.

Company Ratings Score ?
Composite analyst sentiment score
Positive Ratings Negative Ratings Boost Price Target Lower Price Target
NVDA47.1016.09-1.7580.41-0.55

Earnings Per Share (EPS) Estimates By Year and Quarter

(updated 2024-04-24)
Company YOY Growth Score (typical -20 to +20) Revision Directions (-6 to +6)
NVDA0.000.00

Short interest for Nvidia

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Company Short Score (typical 1-15) ?
We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
Short Interest Days to Cover Rate of Change Shares Short
NVDA0.76%1.056280.5-1.9826090000

How Nvidia compares to the broader Technology sector and the more specific Semiconductors industry

Segment Count 1 Day% 5 Day 1 Month 3 Month 6 Month 1 Year RSI 3mo S-momo ? 6mo S-momo 1yr S-momo Resistance ? Support Demark Sell ? Demark Buy Short Interest Analysts Ratings ?
Semiconductors

Show Me Companies With:

S-Momentum: Highest | Lowest
1 Day Growth: Highest | Lowest
5 Day Growth: Highest | Lowest
1 Month Growth: Highest | Lowest
6 Month Growth: Highest | Lowest
601.03-1.44-3.77-1.92-9.016.7442.32-14.21-7.01-7.62-21443.95-5439.964.170.004.977.54
Technology

Show Me Companies With:

S-Momentum: Highest | Lowest
1 Day Growth: Highest | Lowest
5 Day Growth: Highest | Lowest
1 Month Growth: Highest | Lowest
6 Month Growth: Highest | Lowest
2900.52-0.613.367.258.9627.2660.6729.6115.2817.30-11476.67-16920.9615.431.984.576.23

Social Sentiment for Nvidia

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.

Ticker Social Sentiment(1-10)
NVDA

Companies with the highest correlation to Nvidia

Company Score 1 Day% 5 Day 1 Month 3 Month 6 Month 1 Year RSI 3mo S-momo ? 6mo S-momo 1yr S-momo Resistance ? Support Demark Sell ? Demark Buy Short Interest Score
AMD | Advanced Micro Devices1.76-1.28-0.89-10.32-5.99-14.2315.4738-7.60-6.550.41-7088.99-6223.30001.36092
LSCC | Lattice Semiconductor Cor1.44.470.24-5.799.56-31.44-11.7141-5.89-10.27-22.87-1958.81-1467.00007.46881
ASML | ASML Holding NV1.4-0.56-4.98-7.37-25.86-29.52-3.8042-64.93-28.74-18.55-13605.37-1667.33000.982086
MPWR | Monolithic Power Systems,1.37-4.41-2.90-37.77-39.73-24.964.089-1.161.928.23-15784.75-6053.50002.54012
MCHP | Microchip Technology Inc1.320.37-0.73-14.16-17.98-33.65-21.0813-55.34-29.94-21.59-28765.070.00003.57319
DIOD | Diodes Inc1.311.631.05-13.87-17.01-23.25-19.0635-31.12-17.30-23.60-29408.250.00003.13254
SMTC | Semtech Corp1.274.093.8911.4715.8824.86226.4961173.2342.8490.77-517.59-21935.960012.5478
GOOGL | Alphabet Inc. Class A Com1.27-1.200.238.158.061.4028.48706.809.1013.36-612.23-33590.97009.24319

Top 3 correlating companies

See full charts for all peers

Sentiment Score

Last updated 2023-08-11 11:55:52

How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.

Earnings Estimates
Analyst Rating
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Short Interest
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Overall Summary Notes
Calculated Sentiment Sum

Score Sum
(1-45)

/

Average
(1-5)

+

Pattern Rank
(1-5)

=

Total Score
(1-10)

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